The General Services Administration has published a final rule that would require federal contractors to report transactional acquisition data as well as eliminate price reduction clause and commercial sales practices disclosure requirements for contractors.

Tom Sharpe, commissioner of the Federal Acquisition Service at GSA, wrote in a blog post published Tuesday, the Transactional Data Reporting rule is part of the agency’s effort to update the Multiple Award Schedules program and adopt the category management business model.

FAS has worked with the Office of Federal Procurement Policy to implement the TDR rule for Federal Supply Schedules contracts, indefinite-delivery/indefinite-quantity contracts and government-wide acquisition contracts.

GSA has begun to implement TDR in phases for FSS contracts starting with a pilot program for certain schedules and special item numbers, Sharpe said.

He noted that category managers will use the collected transactional data to analyze demand management and develop purchasing strategies.

GSA expects its contracting officers to use the data sets in the future to assess and negotiate contracts in compliance with “policies to ensure that MAS continues to focus on value, not low price, at the contract level,” Sharpe said.

“Down the road, ordering activity COs will be able to consider the data analytics and pricing trends when placing orders,” he added.